COWELL FASHION (Korea) Probability of Future Stock Price Finishing Over 2410.0
| 033290 Stock | KRW 2,010 160.00 8.65% |
COWELL |
COWELL FASHION Target Price Odds to finish over 2410.0
The tendency of COWELL Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over W 2,410 or more in 90 days |
| 2,010 | 90 days | 2,410 | about 13.58 |
Based on a normal probability distribution, the odds of COWELL FASHION to move over W 2,410 or more in 90 days from now is about 13.58 (This COWELL FASHION CoLtd probability density function shows the probability of COWELL Stock to fall within a particular range of prices over 90 days) . Probability of COWELL FASHION CoLtd price to stay between its current price of W 2,010 and W 2,410 at the end of the 90-day period is about 71.21 .
Assuming the 90 days trading horizon COWELL FASHION CoLtd has a beta of -0.35. This suggests as returns on the benchmark increase, returns on holding COWELL FASHION are expected to decrease at a much lower rate. During a bear market, however, COWELL FASHION CoLtd is likely to outperform the market. Additionally COWELL FASHION CoLtd has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. COWELL FASHION Price Density |
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Predictive Modules for COWELL FASHION
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COWELL FASHION CoLtd. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.COWELL FASHION Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. COWELL FASHION is not an exception. The market had few large corrections towards the COWELL FASHION's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold COWELL FASHION CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of COWELL FASHION within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 188.04 | |
Ir | Information ratio | -0.08 |
COWELL FASHION Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of COWELL FASHION for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for COWELL FASHION CoLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| COWELL FASHION CoLtd generated a negative expected return over the last 90 days | |
| COWELL FASHION CoLtd has high historical volatility and very poor performance | |
| About 71.0% of the company shares are owned by insiders or employees |
COWELL FASHION Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of COWELL Stock often depends not only on the future outlook of the current and potential COWELL FASHION's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. COWELL FASHION's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 85.5 M | |
| Cash And Short Term Investments | 118.3 B |
COWELL FASHION Technical Analysis
COWELL FASHION's future price can be derived by breaking down and analyzing its technical indicators over time. COWELL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of COWELL FASHION CoLtd. In general, you should focus on analyzing COWELL Stock price patterns and their correlations with different microeconomic environments and drivers.
COWELL FASHION Predictive Forecast Models
COWELL FASHION's time-series forecasting models is one of many COWELL FASHION's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary COWELL FASHION's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about COWELL FASHION CoLtd
Checking the ongoing alerts about COWELL FASHION for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COWELL FASHION CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| COWELL FASHION CoLtd generated a negative expected return over the last 90 days | |
| COWELL FASHION CoLtd has high historical volatility and very poor performance | |
| About 71.0% of the company shares are owned by insiders or employees |
Other Information on Investing in COWELL Stock
COWELL FASHION financial ratios help investors to determine whether COWELL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in COWELL with respect to the benefits of owning COWELL FASHION security.